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6421 Washington Ave
Racine, WI 53406
Fairfield Inn Racine Wisconsin · Hospitality Property For Sale
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28,890 SF
Investment Highlights
- Fee simple interest in the institutionally owned 62-room Fairfield Inn in Racine, Wisconsin.
- Part of a four-property portfolio, with all properties being sold individually.
- Offered unencumbered by brand, with a variety of alternative branding options available for conversion.
- Available for purchase in the January 23rd auction event via Ten-X.
- Offered unencumbered by management and debt and a significant discount to replacement cost.
- Strong operational upside in transitioning the asset out of institutional ownership and third-party management.
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1991/2016 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.24 AC | Parking Ratio | 1.02/1,000 SF |
| Building Size | 28,890 SF | Corridor | Interior |
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.24 AC |
| Building Size | 28,890 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1991/2016 |
| Tenancy | Single |
| Parking Ratio | 1.02/1,000 SF |
| Corridor | Interior |
| Zoning | C |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 151-032214097000 | Improvements Assessment | $1,122,900 |
| Land Assessment | $1,359,100 | Total Assessment | $2,482,000 |
Property Taxes
Parcel Number
151-032214097000
Land Assessment
$1,359,100
Improvements Assessment
$1,122,900
Total Assessment
$2,482,000
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